| GBP billions | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | Trend | YoY |
|---|---|---|---|---|---|---|---|---|
| Net income | 2.1 | 2.5 | (0.2) | 1.7 | 2.0 | 1.9 | −3.7% | |
| Depreciation & amortization | 0.6 | 0.6 | 0.7 | 0.9 | 1.1 | 1.0 | −7.4% | |
| Stock-based compensation | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | +32.7% | |
| Change in working capital | 0.5 | (0.0) | (1.0) | 1.0 | (0.3) | 0.5 | +239.6% | |
| Operating cash flow | 1.8 | 1.6 | 1.5 | 3.9 | 2.5 | 3.4 | +38.7% | |
| Capital expenditure | (1.2) | (1.5) | (1.8) | (2.5) | (3.1) | (4.1) | −32.4% | |
| Acquisitions | 1.6 | 1.2 | (0.6) | (0.0) | 0.0 | (0.0) | −159.1% | |
| Investing cash flow | 0.4 | (0.7) | (3.0) | (2.9) | (3.3) | (4.6) | −39.3% | |
| Dividends paid | (0.8) | (0.5) | (0.5) | (0.9) | (0.4) | (0.7) | −67.6% | |
| Share buybacks | (0.8) | (0.4) | (0.1) | (0.0) | (0.1) | (0.0) | +64.6% | |
| Debt issued / repaid | (0.5) | (0.5) | (0.3) | 0.1 | 1.4 | (0.8) | −153.3% | |
| Financing cash flow | (0.8) | (1.4) | 1.4 | (0.8) | 0.9 | 1.6 | +83.1% | |
| Free cash flow | 0.6 | 0.1 | (0.4) | 1.3 | (0.7) | (0.7) | −8.8% | |
| Net change in cash | 1.2 | (0.5) | 0.1 | 0.1 | 0.1 | 0.4 | +693.4% |
Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.
